• +1 (312) 549-9986

Gold $3,391.54 $64.69 1.94% Silver $32.88 $0.37 1.14% Platinum $979.74 $17.14 1.78% Palladium $966.45 $12.8 1.34%

PPI comes in hotter than expected

PPI comes in hotter than expected

U.S. PPI +0.3% in Jan, above expectations of +0.1%, vs downward revised -0.2% in Dec; 0.9% y/y, down from 1.0% in Dec.

Core +0.5%, above expectations of +0.2%, vs downward revised -0.1% in Dec; 2.0% y/y, vs revised 1.7% in Dec.

Gold has softened in reaction but remains confined to yesterday's range. 

Leave your comment